United Envirotech Ltd (SGX: U19)

U19 Technical Analysis

5

As on
25th Jan 2017 U19 Share Price closed @
0.79 and we RECOMMENDStrong Sell
for LONG-TERM with Stoploss of
1.33 &
Strong Sell for SHORT-TERM with Stoploss of
1.32
we also expect STOCK to react on Following IMPORTANT LEVELS.

United Envirotech Ltd., an investment holding company, engages in the provision of environmental engineering services primarily in the Peoples Republic of China, Singapore, and Malaysia. It operates in two segments, Engineering and Treatment. The company offers various engineering services, including design, fabrication, installation, and commissioning of membrane based water and wastewater treatment systems; and undertakes turn key projects comprising engineering, procurement, and construction services, as well as membrane system services. It invests in wastewater treatment plants under build operate transfer and transfer operate transfer agreements, as well as in industrial park wastewater projects. In addition, the company is involved in the trade of pumps; operation of water treatment plants; and provision of operation and maintenance services on water and wastewater treatment facilities. It primarily serves chemical, petrochemical, and industrial park sectors. The company was founded in 2003 and is based in Singapore.

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